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Lenskart Q2 profit more than doubles to Rs 232 crore; revenue rises 32.5 pc to Rs 2,845 crore

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Lenskart Q2 profit more than doubles to Rs 232 crore; revenue rises 32.5 pc to Rs 2,845 crore

Lenskart Q2 profit more than doubles to Rs 232 crore; revenue rises 32.5 pc to Rs 2,845 crore

India revenue increased 35.3 per cent to Rs 1,668 crore, supported by 26.5 per cent growth in eyewear volumes and same-store sales growth of 20.8 per cent. Lenskart added 143 net stores in the quarter, including 94 in Tier 2 and smaller markets, and entered 61 new cities. Its India network reached 2,868 stores across 665 cities. The company also reported 1.03 crore active Lenskart Gold members in India, up 38.6 per cent year-on-year.

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Lenskart Solutions reported a 32.5 per cent year-on-year increase in revenue to Rs 2,845 crore for the second quarter of FY27, compared with Rs 2,147 crore a year earlier. Profit after tax more than doubled to Rs 232 crore from Rs 113 crore, while EBITDA before Ind AS 116 rose 65 per cent to Rs 392 crore. EBITDA margin expanded to 13.8 per cent from 11.1 per cent.

For the first half of FY27, revenue grew 33 per cent to Rs 5,559 crore and profit after tax stood at Rs 461 crore, equivalent to 87 per cent of the company's full-year FY26 earnings. Revenue over the trailing 12 months crossed Rs 10,000 crore. The company attributed the performance to higher eyewear volumes, premiumisation and growth across domestic and international markets.

8 per cent. Lenskart added 143 net stores in the quarter, including 94 in Tier 2 and smaller markets, and entered 61 new cities.


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